FDIC Deposit Insurance

Notice Of Expiration of the Temporary Full FDIC Insurance Coverage For Noninterest-Bearing Transaction Accounts

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, 2013, all of a depositor's accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.

For more information about FDIC insurance coverage of noninterest-bearing transaction accounts, visit http://www.fdic.gov/deposit/deposits/unlimited/expiration.html.


Deposit Insurance Limits

On July 21, 2010, the standard FDIC insurance coverage was permanently increased to $250,000 per depositor.  For additional information, visit www.fdic.gov.


Insuring Your Deposits

The FDIC offers a free Electronic Deposit Insurance Estimator which will allow you to calculate insurance coverage on your deposit accounts at each FDIC-insured bank. For more information, visit www.fdic.gov/edie.